EIF

EIF Signs Guarantee Agreement with Belfius Bank supporting €450M of Loans to Start-ups in Belgium

May 1, 2012

EIF and Belfius Bank have signed a guarantee agreement to support Small and Medium-sized Enterprises (SMEs) in Belgium. This transaction, signed under the Competitiveness and Innovation Programme (CIP), will allow start-up companies to have easier access to finance while also benefiting from substantially reduced collateral requirements. The CIP guarantee will cover the SME investment loans [...]

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EIF Selects Eleven and LAUNCHub to Manage €21M Fund in Bulgaria

April 25, 2012

The EIF has selected Eleven and LAUNCHub to manage a €21m Entrepreneurship Acceleration and Seed Financing Instrument under the JEREMIE Holding Fund. Eleven will manage a €12m acceleration & seed fund with a view to making around 200 investments in innovative young businesses. Investments into individual portfolio companies will typically be in the range of [...]

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Sunstone Capital Holds First Close of Fund III at €85M

December 14, 2011

Sunstone Capital Technology Ventures, a Danish venture capital firm, has held its first closing of Fund III at €85m. Backers include EIF. Sunstone Technology Ventures Fund III K/S is a pan-Nordic venture capital fund focusing on early-stage companies with innovative technologies and business models in sectors such as software, web services, e-commerce, gaming, and mobile. [...]

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UK Future Technologies Fund makes Investment in SEP IV

December 12, 2011

The UK Future Technologies Fund has made an investment in SEP IV, a fund managed by Scottish Equity Partners LLP. SEP IV focuses on financing UK-based later stage, high-growth, high-tech businesses that are developing technology and products in information technology, energy and healthcare. UK FTF, which is supported by £100m from the UK Government, matched [...]

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EIF Invests in EMBL Technology Fund II

December 12, 2011

EIF has made an investment in EMBL Technology Fund II GmbH & Co. KG, a Heidelberg, Germany-based venture capital fund. The closing includes commitments from the ERP-EIF Dachfonds which EIF manages on behalf of the German Federal Ministry of Economics and Technology (BMWi). The vehicle, which held a first close at €40m, will invest in [...]

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Istanbul Venture Capital Initiative and EIF Support the Darby Converging Europe Fund III

November 25, 2011

Istanbul Venture Capital Initiative (iVCi), Turkey’s fund of funds and co-investment programme advised by the European Investment Fund (EIF), is supporting the Darby Converging Europe Fund III, with a €17.5m commitment. In addition, EIF is putting an extra €35m into this Fund through its Mezzanine Facility for Growth Mandate. Managed by Darby Overseas Investments to target Central and [...]

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EUROLCDS Receives Equity Financing from BaltCap

July 11, 2011

EUROLCDS, a Latvian liquid crystal display production start-up, has received an equity financing of undisclosed amount from BaltCap. This investment has been made within the EU Structural Fund’s co-financed JEREMIE initiative managed by the European Investment Fund in Latvia. Co-owned by LC-TEC AB and led by CEO Ǻke Hornell, the company targets industrial and medicine [...]

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